Who is Sandeep Shroff? CEO and co-founder of myStartUpCFO Sandeep Shroff is making a name for himself and his startup… and, as you can see, it’s all in the name! myStartUpCFO essentially provides small businesses with on-demand full-stack CFO support. We all know that in the early stages of starting a business, there is so Keep Reading ..
After speaking with hundreds of CEOs, I realized that burn rate isn’t as Startup101 as I had thought. There are still a lot of things that founders understand incorrectly when it comes to being a #BurnRateZombie. But before we get into it… Let’s take a pop quiz! Once upon a time, there was a CEO Keep Reading ..
India’s Taxi Wars will make a great movie one day. The good guys, however, don’t always win. Sometimes they die before the movie climaxes. Today, the leaders in India’s taxi wars are Uber and Ola. It wasn’t always so. There was another, a more scrappy competitor in the early days. It’s 2015, Uber had been Keep Reading ..
When I was out on lunch with the CEO of an early-stage SaaS startup, I asked him how his company was doing. Quite well, I was told. The revenue is growing month on month, we have enough money in the bank, and the employees are happy. Life’s good. Always a data-oriented guy, I asked him Keep Reading ..
There is one thing that I tell every client and employee I work with. Bad information can kill you. Think I’m exaggerating? Ask the guys who blindly followed Apple Maps in Australia and landed in death traps – stranded in the middle of nowhere for up to 24 hours. And when bad information comes from Keep Reading ..
How’s your new business coming along? Good? Why do you say that? Probably because as rational human beings, we intuitively use ratios to measure things. Businesses tend to operate the same way. You look at your numbers and see that your company is adding 2x new clients every month. Would you think your company is Keep Reading ..
Last night, I was sifting through my inbox, when I noticed a pattern. Mail 5: CEO of a $1m seed funded company informing me that they’re shutting down shop since neither the Series A nor the bridge loan came through. Mail 67: Another seed-funded company planning to wrap up operations at the end of the Keep Reading ..
A lot of CEOs I work with on a daily basis struggle with designing their employee health benefit plans. For most companies, after salaries, this is the company’s biggest expense. Not surprising, given that over the last 50 years, the cost of consumer goods and services have gone up eight-fold with one exception — healthcare. Keep Reading ..
6 Steps to the Perfect Pitch Many entrepreneurs’ crash and burn when delivering their investor pitch—and ramble on and on. There’s nothing more frustrating than being told, “I only need 10 minutes of your time,” and then 20 minutes later you’re still on slide #5. Investors will want you to be able to back-up your Keep Reading ..
Venture capitalist Emily Melton still remembers the day Jacob Sattelmair, founder of Wellframe, showed up with his pitch to persuade her firm, Draper Fisher Jurvetson, to invest in his start-up. “He looked like he had been in a bar fight,” Melton said. “His eye had been sealed shut.” “Don’t worry. It’s not contagious,” Sattelmair told Keep Reading ..